Aurora appoints new Head of Distribution

Aurora has appointed Stephen Karrasch as its new head of distribution.

Prior to Aurora, Karrasch held roles at Macquarie Bank and Rothschild Australia. He was a founding member of OneVue and was most recently head of sales at Philo Capital Advisers.

In his new position Karrasch will manage sales, distribution and adviser support for the $220 million funds manager.

Aurora managing director Simon Lindsay said, “After the record profit announcement for the 2014 year, Aurora has been investing in its future growth and Stephen’s appointment is part of this strategy being implemented.”

Karrasch added, “After a number of years of building and distributing platform and managed account administration services, I’m excited to return to the investment side and work closely with a team of dedicated investment professionals innovating for the adviser and self-managed superannuation fund markets.”

By Alex Burke

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